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of a glorious past. and some parts of the city bustle with holiday energy. but not far away: closed-up storefronts. and, further below the surface, this: a health clinic set up by the greek branch of the international aid group, doctors of the world to serve the country's newly poor. dr. nikitis kanakis is its director. >> brown: kanakis group, in fact, had to cut back some of its work in africa because of the needs at home. here in perama, unemployment tops 50% as the shrinking economy has crippled much of the local shipping industry. at the same time, the deeply indebted greek government has made dramatic budget cuts, including to health benefits. the combination has left many here without access to private or public care. and that's meant a stunning rise in disease and mortality rates. >> brown: economists, of course, speak of a different kind of necessary medicine: the kind a deeply indebted nation must take. the price for living and consuming well beyond its means for far too long. >> the medicine is necessary. it was, though, delivered very abruptly. >> brown: as a government
? >> harris: a lot of energy spent on all this going back and forth. in fact, leading republicans suggesting a great deal of time has been wasted on politics. >> that is precisely right. they note that the house republicans tried to address the issues this summer and voted to extend all of the bush tax cuts and voted on an alternative to the automatic spending cuts that are due to kick in in the new you year and today the top senate republican said why wasn't this addressed months ago? >> we wanted an agreement. but we had no takers. the phone never rang. and so now here we are five days from the new year and we might finally start talking. >> so clearly a lot of blame game back and forth between republican and democrats but perhaps most importantly a white house meeting tomorrow with all of the key players face to face with the president. harris? >> they are talking. now, if we could just get them to talk to each other. the president and senate already returned and now we know house lawmakers due you to come back on sunday. >> there was a quarterback between the house gop leadership and ran
, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >> doug: former president bush is in the hospital and unlikely he will leave intensive care unit anytime soon. spokesman says he is continuing to improve and is alert and in good spirits. the 88-year-old has been treated for over a month now after terrible case of bronchitis that triggered a series of complications. military hero and decorated four-star general normon schwarzkopf died on thursday. we look at his distinguished service to the united states. >> he spearheaded the lindbergh baby kidnapping. as a teenager he accompanied his father to iran where tolder trained the police and advised the shop. he served two tours in vietnam and highly decorated getting reputation to protect the troops and suggesting himself to enemy fire before them. the epitath should read he was a soldier who loved soldiers. he didn't suffer fools. his determination set him apart. >> going around or over. his plane-spoken qualities and bankruptness endeared him to the press and people. >> as far as saddam hussein
master while recording my debut album. how u ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. time for citi price rewind. because your daughter really wants that pk castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year along with everything else that is going on. the senate agricultural committee chairwoman pushing for a short-term extension to avert the cliff. but if that does not happen, no prices -- milk prices to go up to $8 per gallon. the supermarket group on how this is going to turn consumers soured. you bet that would. that's about double. >> i
about we won independence, energy independence in this country. gosh, it just seems like all of that is movi in the right direction. >> yes. we are projected to overtake saudi arabia and oil production in the next couple decades, precisely because of this palm. if you go out to places like north dakota, fo instance, which is about the balkan shale formation, uc -- it's incredible you have towns of 1 percent unemployment rates. north dakota has the lowest. tom: new york and california with all kinds of oil under their feet and they won't take it. >> that's right. you have groups of using the legal system, trying to up suits either prevent this from happening or tighten up regulations will bring regulation faugh to the federal level. it's a shame. as you know, these towns that have really been very -- hit very hard would do very wellif we expanded this pactice. tom: it would provide jobs, money, taxesnd all that. laughlin from the heritage. thank you. appreciate. >> thank you for adding me. tom: well, martin class by a teacher with no class. of for wearing a mitt romney t-shirt
for in 2013. harris: there are three you said. what are they? >> housing, energy and huge amount, trillions of dollars sitting on the sidelines by corporate america, waiting to come into the economy once this picture clears up. harris: we're getting housing numbers coming this week already. we're starting to see prices rose a little bit this fall. that is a good sign. we're seeing housing starts have come up as well. so i understand that. energy. >> energy is a game-changer, it really is. we look what is going on around the world. the europeans, far east, they're paying over $17 a btu for natural gas. we get it for $3 in this country. dow chemical just proposed building the largest chemical plant it has in the world here in this country because of the competitive advantage of natural gas. imagine if we could liquify, ship it to europe, ship it to the far east. not only would we have a huge impact on trade balance but actually help the economies out too. game-changer. harris: you mentioned cash on the sidelines. where is that coming from? >> corporate america and consumers, and we saw it thi
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even when you're away from home. adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. >> as of today americans can no longer adopt children from russia. putin signed the bill. the move appears to mark a deterioration of releasing between washington and the kremlin. it comes despite the fact more russian orphans have gone to new homes in america than any other country. 60,000 adoptions in the past 20 years. hundreds of thousands of children who need homes have fewer options and dozens whose adoptions were in the process must remain in russia, including some who met and bonded with their perspective new parents. officials in washington calling it a politically motivated decision aime
to the energy legislation where byrd worked tirelessly on it to get it done without a filibuster. he had the sense that the senate leader should have a special relationship with the president and that is the way the system was supposed to work. of course, the most important in for the senate leader is to make the senate work. byrd knew the senate rules better than any person that ever lived. he lived in dealing with the notion of the fear of a paralyzed senate. he wanted to think that the rules worked, but he knew that in fact jim allen of alabama had cracked the code. he had figured out how to have this filibuster so the senate could be tied up in paralyzed. robert byrd like to think you have to be an expert to do this , but it turned out you do not need to be an expert at all. a couple of senators did not know the rules and they tied the senate up. byrd struggled with the notion of how to keep the unique character of the senate without having a paralyzed? in that regard, he championed rules change. he got some done in 1979. he knew that the senate rules do not work. if they were not fi
. the whole way up, hansen, a beverage company that got momentum from monster energy drink, so much momentum with this energy drink it renamed the company monster. ultimately, it was a fad that would dry out and crash. it took years for the momentum to top out. i knew how stocks worked. peaked in july 2006, in part because they did a 5-1 split. even though they weren't supposed to do anything this encouraged people who had been in hanszen a long time to take it off the table. and it picked up its fourth analyst, may 10, 2006 when goldman started covering the stock. two months to sell between goldman's initiation and the stock peak. prudence dictated we sell once the stock had four analysts. better to clear out early with inning than to wait for them to fade away. hansen and all other hot stocks started to cool off. and incredibly after hansen fell off the radar screen, and the active analyst coverage dwindled, the stock dwindled. an amazing ren nance, and when analysts stop following the company, but the company's earnings start special lating as the case with hansen in 2011, a storied l lik
. that was a near miss. something about labor disnews is the port. >> we try to move more energy outside of the u.s. to asia in particular, getting those contracts in place will be more important. but that is a ten year timeframe. >>> not-so-good news for nokia, a month after the launching in the u.s., cell phones are offered at steep discounts or free on u.s. carriers or amazon. nokia is betting heavily on that phone which runs microsoft's windows 8 system. it launched in november with at&t for $99. another version of the phone also available force 99 at verizon. some discussion, dennis, this is just how things work. >> i don't think that's how things work. if you buy an iphone 4s. this is not the most current model, iphone 4s, had verizon, tough pay $99. that is the outdated model. i encourage -- i don't know if people can tweet to the show, i would love to see photos of people actually using the nokia lumia. >> even for free, you mean? >> free or charged. >> would they use it for free? >> don't believe it is being used. >> on the subway, i count who's doing what. i've seen -- >> being very par
have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. >>> this morning, my question -- what is next for american labor? and a letter to north carolina's outgoing governor, and plus mhp foot soldiers joining us here in nerdland and what is it going to be, deal or no deal? good morning, i'm melissa harris-perry, and let's start with howie mandel. yes, howie mandel. there is a lot we can learn from him. when you think of howie, you may think of the standup xhecomedia with a surgical glove on his head and he has survived and thrived in the brutal world of entertainment, but this is the howie mandel i'm interested in today. >> deal or no deal. >> you see, it turns out that the howie of deal or no deal might have something to teach us about our no deal congress. yes sh yes, nerdland, this is where game theory meets game show theory. this week, i
energy but first lauren simonetti on the floor of the new york stock exchange. >> the dow is down 59 points, and the s&p 500. that is why we are not selling of more than we are, this could be the longest losing streak, and three months. and we have been through, congressional negotiations get a deal in the eleventh hour. in terms of stocks, bringing the burger king, costa rica and kuala mola, with a company -- that stock is down 1-3/4%. for the commodities let's go to sandra smith. sandra: a couple days late, the christmas holiday, crude-oil inventories report wednesday, we got it today. a bit of market movers for crude oil and natural gas, the biggest gain in commodity up 1/4%, and this is a combination with the fact the we are kidding cooler than normal temperatures in the northeast where a lot of this is used to heat homes and very bullish for natural gas up 2 of the last three daas, we will see natural gas prices going higher. crude-oil prices with $90 a barrel, holding above that right now, down on the session but we got a bigger than expected build in crude inventories in the l
the administration, destroy the energy of government, and substitute the pleasure, caprice or artifices of an insignificant, turbulent, or corrupt junta to the regular deliberations and decisions of a respectable majority." but in recent years, the senate has been remade into a super majority constitution. you need 60 votes to get almost anything done. between 2009 and 2010, we had more filibusters than we had in the '50s, '60s, and '70s combined. and they're not filibusters like we think of them, where the senators go to the floor and debate an issue until they keel over from exhaustion. they're just obstruction. if you watch a filibuster today, it doesn't look like anything. it's the blue screen on c-span, the one with the classical music playing over it. you don't tune in to here an intense minority demand a great debate on the issue of the day. you tune in to hear a string quartet. senator jeff merkley, a democrat from oregon is trying to change that. he's got a proposal to force talking filibusters in the senate. it wouldn't change what i think is a central part in the senate, the
doing more than increasing chances we'll become energy independent. it is also bringing about booming investment in the transportation industry. a new report says estimated $45 billion, you heard me correctly, $45 billion bucks will be spent new, expanded pipelines, railcars, rail terminals and that is just next year. how do you get in on this, right? it is a windfall. but is it realistic? we'll turn to andy lipow. andy i would have assumed it was shipped by pipeline. what is it about railcar? it seems awfully 19th century to ship oil that way. >> it is new development in the oil patch but if you look at oil production in north dakota, we simply don't have pipeline to move that oil east and west coast where we have significant amount of refining capacity. adam: what saying invest in who? the rail companies that ship oil or the companies that actually make steel for the tracks? what do i do with my money? >> well we actually have both of them. in fact on the railroad front we have burn link ton northern owned by berkshire hathaway but other winners in this will be the union pacific, th
energy before he goes home. >>> voters in egypt appear to have approved an islamist backed constitution. women are concerned their rights could be curtailed once the constitution is implemented. >>> holiday travellers in the nation's heartland today got a break from last week's storms. a new storm system hitting the west coast could threaten christmas travel later on this week. >>> south african archbishop desmond tutuhas added his name to the list of those praying for nelson mandela's recovery. >>> who was michelle obama before she got to the white house? a new book called "a salute to michelle obama" tries to answer that. joining me now is patrick henry bass, editorial project director. thanks for joining us. >> thank you for having me. >> what are people going to learn? >> we have been covering michelle obama since 2006. what we see with michelle obama, she sort of sinks like we are still learning things about here. what we wanted to do with this particular book, we have done two previous obama books. we did the obama's portrait of america's first family before they entered the white
. it impacts those of us concerned about the energy and security of this country because the farm bill contains ways to promote alternate energy sours, ways to create a biofuel industry that is robust and creates consumer choice. for those concerned about exports connected to the agricultural exports, we lose the ability to market exports without a farm bill. if you're concerned about the ability to add adequate nutrition and supporter of farmer's markets and want to see an expansion of that, can't do it because there is no farm bill. if you like the idea of fields expanding habitat opportunities or you like to hunt and you like to fish, your hobby, your vocation, if you will, in that area will also be affected by no farm bill because a lot of the programs are not extended. if you're a farm family, you're going to be impacted. so there is an impact and an effect by not having a farm bill. >> congress has three options before the end of the year to prevent the price spike and everything that comes with it. they could either extend the current bishlg pass a new bill or some kind of provision to k
the cold even when you're away from home. adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. ♪ ♪ >> eric: welcome back, everybody. so this is one of our last shows of 2012. it's been a fantastic year. 2013 shaping up to be especially better for "the five." i predicted it. we will be number one. thoughts on the year that was and the year in front of us. >> it has been incredible. 2012 was such a busy an interesting news year. so many stories. outcomes we couldn't have predicted. we covered the election. that was obviously a daily endeavor to get through it. >> eric: that wasn't so much fun. [ laughter ] >> kimberly: watched debates. romney did great on the first debate. we talked
issue from the panama canal treaties to the energy legislation where byrd worked tirelessly on it to get it done without a filibuster. he had the sense that the senate leader should have a special relationship with the president and that is the way the system was supposed to work. of course, the most important in for the senate leader is to make the senate work. byrd knew the senate rules better than any person that ever lived. he lived in dealing with the notion of the fear of a paralyzed senate. he wanted to think that the rules worked, but he knew that in fact jim allen of alabama had cracked the code. he had figured out how to have this filibuster so the senate could be tied up in paralyzed. robert byrd like to think you have to be an expert to do this, but it turned out you do not need to be an expert at all. a couple of senators did not know the rules and they tied the senate up. byrd struggled with the notion of how to keep the unique character of the senate without having a paralyzed? in that regard, he championed rules change. he got some done in 1979. he knew that the senate ru
, that's the problem, they have struggled to create a meaningful grassroots system within all the energy they have built. there are other groups and examples, unions and move-on, have systems whereby they still crowd source. i think viewers of the ed show know how unions do that, and they do it effectively under attack. this tea party has people getting $8 million payouts. if you're so against government spending, worried about the money at the top, why should dick armey be getting all this cash? >> wow! jay-z spinning ari melbin. >>> the tragic christmas eve shooting in western new york is furthering the gun debate. is new gun legislation in our future? >>> if you haven't heard about the dairy cliff, you'll want to listen up. david k. johnson explains why you could be paying $8 for a gallon of milk if congress doesn't act. >>> welcome back, in the wake of >>> welcome back, in the wake of the newtown school shooting, another tragic incident began bringing the gun control debate front and center. william spangler lit his home on fire in a plot to murder first responders. when the voluntee
and if the obama plan can pass the senate, but there's a bit of optimism, a bit of energy, the body language finally looks a bit more positive. back to you. >> steve, with that improvement body language and the prospects that maybe something will happened, doesn't the fact remain that representative boehner does not seem to have control of the republicans in the house, a group of them standing firm, no taxes -- on a no tax increase on anybody. >> that's right, which is why boehner pulled the plug, jim, you'll recall, on that vote, which was supposed to be a show vote to put the pressure on the president to draw the line at a million. when he realized he didn't have a majority of the republicans, he didn't go forward. what this is now is an old school where you have a bipartisan society, where boehner would be asked to permit a vote, even if he knew most republicans would vote no. it's humiliating for a speaker, especially in this milieu, in the world we live in now. it would set up boehner to maybe lose the speakership when the vote is taken in the house for that on january 3rd. it would cer
your thermostat to help save energy and money. get adt installed starting at just $99. that's a $300 savings. you may even save up to 20% on your homeowners insurance. for everything that matters most. adt. always there. [ male announcer ] when diarrhea hits, kaopectate stops it fast. powerful liquid relief speeds to the source. fast. [ male announcer ] stop the uh-oh fast with kaopectate. joining me now is connecticut senator joe lieberman. thanks for being here. let me talk first about the nra and its safe school program. how does that strike you as the first statement coming out of the nra? >> well, i have found the statements by the nra over the last couple of days to be really disheartening because the statements seem to not reflect any understanding about the slaughter of children that happened in newtown, connecticut, just a little more than a week ago. it was a kind of hunker down. they could have made the same statement, they did make the same statement after earlier acts of mass violence. you know, no one is saying -- here's what bothered me. the nra spoke nra spoke pokesp
because we've got -- look what we've got on the agenda. we have guns, immigration, we've got energy, infrastructure, we've got education. >> it's a big list. >> it's time this government acts together, and if we can't get together on this, we are in trouble all the way. >> all right. my governors, thanks very much and have a really happy new year. >> thanks, karen. >>> coming up, it's not just the fiscal cliff. the president has a lot to do and not a lot of time to do it. stay with us. >> the president goes off 18 hours on the golf course, 20 hours in the air. how do you view this politically? >> he's been using this, and i must say with great skill and ruthless skill and success to fracture and basically shatter the republican opposition. we're all having such a great year in the gulf, we've decided to put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the g
? there's not really going to be any time or energy to do anything else? >> you're absolutely right. you have imagrees reform, gun issues out there. the problem is we are starting to look like an ungovernable country. we're starting to look like a country where one of our two chambers of the legislature literally has ceased to tucks. that is what's dangerous to the bond markets, what's dangerous to us long term. hopefully they will figure out how embarrassing this is for the country and how bad it is for bond markets and get it together. >> leigh, you work at "fortune" magazine. i have heard a lot in the last several weeks about how the ceos were going to step up. they signed their letters, made their statements, and then we were supposed to follow through and twist some arms to get the deal done and to make sure people understood there were real world consequences to this kind of debate. where are those ceos now? >> well, it's funny. we don't exactly know, but i mean, you know, the president and the white house made a decided effort to really court wall street this time around instead o
with my kids, my daughter's like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're
to even more family farms and small businesses. more american energy means more american jobs. unfortunately, energy projects are being held back by federal obstacles of all kinds. republicans hope to work across the aisle to solve these and other critical challenges facing america in the new year. dividing government is a good time to solve our problems. in the next few days, leaders in washington have an important responsibility to work together and do just that. unless congress and the president act immediately, every american will be forced to pay for the largest tax hike in our nation's history on january 1. at the same time, the federal government, including our armed forces and defense workers, will undergo deep, across the board budgetary cuts. these are the cuts that president obama promised during the campaign would never take effect. well we need to reduce spending, we can do it in a much smarter, more targeted way. going over the so-called fiscal cliff will lead to devastating job losses, at a time when american families and small business owners are still struggli
cited the epa's progress in food, water, and air quality and also energy independence. jackson started at the agency as a scientist 25 years ago. humans of weapons show up in los angeles. from hand guns to revolvers and rifles and even assault weapons. just a sampling of guns traded for grocery gift cards. efull ap? who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. one more way quicken loans is engineered to amaze. ♪ your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. . >> some three million children suffer domestic violence every year in the united states. this week's human factor, dr. sanjay gupta introduces us to one of them. a kid whoa became a famous baseball player and manager. >> joe to
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at the nymex. we have a nice little rally. if you're long, it's looking pretty good. nymex leading the energy complex. we had the contract here go above $91. that's a two-month high for the current contract. partly we've seen a little bit of a weakening of the dollar. that has certainly helped commodities. also optimism about the fact they're getting back to work in washington to try to avert the year-end fiscal cliff situation. meantime, one of the things that's interesting is how wti nymex has performed. year-to-date it has been the worst performer with regard to its loss versus a gain on the benchmark now for the global crude of brent. because we continue to see a glut here in the u.s. of oil that's produced, and unable to get out to the rest of the market, to the global market, because of a lack of infrastructure. in fact, that brent premium for a second year has topped $15 on average for the year. we're close to $20 here. nat gas also getting a bit of a boost today. the near term forecast certainly chilly. you can see that with all of that snow that's headed towards the east coast from t
, expanding clean, renewable energy and protecting our precious natural resources. he will defend our native hawaiians and all of our nation's first people, those americans who exercise sovereignty in lands that later became part of the united states. he will uphold the values and priorities of our unique state. i say to my friend, the new junior senator from hawaii, never forget that you are here with a solemn responsibility to do everything you can to represent the people of hawaii, to make sure that their needs are addressed in every policy discussion, to speak up and seek justice for those who cannot help themselves. god bless you, senator schatz. god bless hawaii. god bless the united states of america. mr. reid: mr. president? the presiding officer: the senator from nevada. mr. reid: before my friend from hawaii leaves the floor, we have all come and given speeches -- one of us at least -- about you, but we haven't had a lot of people on the floor when we have done that. your presentation right now is typical for dan akaka. never a word about you, always about somebody else. and if the
you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> it was a wild ride to election day 2012. jim acosta has the top ten campaign stories of the year. >> reporter: the year started off with a surprise in a sweater vest, counting down the top campaign stories of the year, number ten, the primaries. rick santorum's stunning performance in the iowa caucuses. >> game on. >> reporter: kicked off a battle for the republican nomination that few in washington had expected. the gop's odds on favorite, mitt romney stumbled in some of the early contests. he refused to release his tax returns allowing newt gingrich to take south carolina. >> we proved here in south carolina that people of power beats big money. >> reporter: but that big money eventually cleared the field and romney set his sights on the president. >> it's still about the economy and we're not stupid. >> reporter: at number nine, bain. not that one. that one. almost as soon as romney had had locked up the nomination, his former private investment capital was crashed by the s
, and energy. we are a week away from one of the worst tragedies in memory. so we have got work to do on gun safety. a host of other issues. these are all challenges we can meet. these are all colleges we have to meet, if we want our kids to grow up in america that is full of opportunity and possibility, as much opportunity and possibility that our parents and our grandparents left for us. but we are only going to be able to do it together. we are going to have to find some common ground. the challenge we have got right now is that the american people lot more thoughtful, and much give and sacrifice and act responsibly, than their elected representatives are. that is a problem. there is a mismatch between how everybody else is thinking about these problems, democrats and republicans up side of this town, and how folks are actingwe have to get the aligned. that. i hope every member of congress is thinking about that. nobody can get 100% of what they want. this is not simply a contest between parties in terms of who looks good and who does not. there are real world consequences to what we do h
. i love this city. i love the diversity of it. i love work walking. i love the energy. but at the end of the day -- >> california cool. >> california is home. >> what about chicago, though, which must hold a special place in your heart right now, because that is where your son is working following in dad's footsteps. and you guys did the coolest thing co-anchoring the news together. >> the anchoring thing is very funny because he just got married. and he and his wife invited us to come from thanksgiving. i said great. i said you're not working thanksgiving. well, actually i am working. i said oh, man. i said, well, i know sometimes in the news room people want thanksgiving off. if your co-anchor wants off i'm happy to fill in he goes really? i said yeah. i was half joking. ultimately his co-anchor was work. but they needed him to do the noon news and he didn't have a co-anchor. they said do you want to do it? i'm like really? so i'm like yeah, yeah, i'm in. so we did. and i know he's dish watch him all the time because i have a sling box. i can watch him. i know he's really good. but
was an engineer with a passion to try a lot of new stuff and i have a lot of energy. i hired people because i could not do myself what i wanted to do, and so i had employees. and i respected the work that they did because i gave them good salaries and the very best dental and health insurance, better than lockheed. and i never thought that i was there to grow a business or to make a profit. in fact, the number one thing -- and i always said that even to those who held stock in my company -- the number one thing, the biggest priority for my employees was to have fun. i enjoyed the accomplishment of breakthroughs and the fun of a first applied. and everyone who worked for me deserved to have that enjoyment. the second priority was the families of the employees have fun. that is why we provided good salaries and good health care and so on. the third priority, no cutting to make a profit. it is tough to say that to a stockholder or a board member. but every company i have ever seen go bankrupt, they started having fun -- they stop having fun before that. when people have fun, they will work like.
to the bathrooms which is a good thing. but it can be very cold, and it is a lot of fun. such great energy. people come from all over the world. >> meantime, i'm carl quintanilla along with erica hill. lester has the morning off. >>> coming up this morning, we'll look at 25 years of "weekend today." >> we celebrated that silver anniversary this year. we'll share the big stories from that quarter century and hear from some of the people you've shared your weekends with over that time. >>> plus, ever wonder what happens to those christmas presents that you take back to the store? most aren't just put back on the shelf. we're going to show you one place where holiday returns are big business. >>> plus, a little later, love and romance on ice. we're going to take you to the iconic new york location just outside our studios where many men pop the question. that may look familiar to you. >> kind of gives it away. >> a little bit. >>> and we'll begin this half-hour, though, with a love story 25 years in the making. it all started when a sixth grade boy wrote a letter to a classmate who was then the apple
's accommodative. energy prices and dependent reducing. look-term we get to the right place. but we've got to get a credible solution that has integrity. the more integrity the solution has, the more it addresses the long-term issues. the more cash will move out of investor portfolios and into markets. >> because looking at across this, as you say, valley, and abroad, there are people like mark fauber that think that assets will be marked down 50% based on what we already owe in terms of commitments to be made and entitlements in this country. so that what we've seen in other parts of the world is already going to happen here, that we can't really change our future. so you could make a -- you could make a decision as a wealth manage her to get defensive, not based on the fiscal cliff but based on the fiscal abyss. >> you could. for individuals, though, you asked the question earlier, andrew, what can you do? it's almost impossible for individual investors to market and be successful. so what do you do in an environment like this? every individual ought to have a plan. they ought to have a place t
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